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Renault says bigger is not better as Stellantis stokes M&A talk

Automotive Industry Automotive News Europe - 2024-02-16

Bigger is not necessarily better in the auto industry, Renault CEO Luca de Meo said, putting the automaker at odds with his rival Stellantis on the subject of industry consolidation. …

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Italy stake in Stellantis not on agenda for now, minister says

Automotive Industry Reuters - 2024-02-16

The Italian government buying a stake in Fiat-parent Stellantis is not on the cards, but could be if the automaker requested it, industry minister Adolfo Urso said on Friday. …

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Capacity shortage set to continue in automotive logistics, warns Ceva

Land transportation The Load Star - 2024-02-15

Capacity pressures are set to continue in automotive logistics in the coming years, while the near-shoring of car production and the increasing number of electric vehicles (EVs) coming off assembly lines will drive change in supply chain …

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Mercedes-Benz sells stake in Russian truckmaker Kamaz

Automotive Industry Reuters - 2024-02-15

Mercedes-Benz Group on Thursday 15 January said it had sold its stake in Russian truckmaker Kamaz in a transaction that was completed this month after securing all necessary regulatory approvals. …

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Stellantis, Renault race to cut costs to make EVs more affordable

Automotive Industry Automotive News Europe - 2024-02-15

Under pressure from Chinese competitors, Stellantis and Renault are pushing hard to cut electric vehicle costs so they can have similar price tags and profit margins as fossil-fuel models. …

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EU Transport Committee backs harmonisation of loaded length of vehicle transporters

News from ECG ECG - 2024-02-15

ECG welcomes the vote by the Transport (TRAN) Committee of the European Parliament on 14 February backing harmonisation of loaded length of vehicle transporters to at least 20.75m.   …

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Report – Vehicles on European roads

News from Brussels ACEA - 2024-02-15

ACEA’s ‘Vehicles on European Roads’ report is the go-to publication for the latest data on vehicles in circulation on Europe’s roads. …

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Exclusive: Russians use Chinese partner to produce Citroen cars at idled Stellantis plant

Automotive Industry Reuters - 2024-02-15

Carmaker Stellantis halted production in Russia in April 2022. …

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Tavares says Italy plants have a future; warns on Chinese rivals

Automotive Industry Automotive News Europe - 2024-02-15

Stellantis CEO Carlos Tavares said the company will need all of its Italian factories to hit its long-term production goal there, in conciliatory remarks that may ease tensions between the automaker and Rome. …

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Delivering net-zero shipping by 2050: Introducing the Green Balance Mechanism

News from Brussels World Shipping Council - 2024-02-15

The global shipping regulator, the UN International Maritime Organisation, has set a target of net-zero carbon emissions by 2050 for the industry, and now needs to develop climate regulations by 2025 that make it possible to reach that t …

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